Hotel for Sale

Investment opportunity in Messinia: a complex of 10 independent residences on a 2,265 sq.m. plot, located in an area with strong and continuously growing tourism potential. The property is situated in an excellent location, within a short distance from the sea and close to the beach of Koroni, while Kalamata International Airport is approximately 25 km away, offering easy access from both Greece and abroad. Messinia is considered one of the most emerging tourist destinations in Greece, known for its crystal-clear beaches, impressive mountains, and important historical and cultural landmarks of international recognition. The region also features modern marinas, such as those in Kalamata and Pylos, offering safe anchorage. In recent years the area has gained worldwide attention thanks to major high-end tourism investments, including the luxury resort Costa Navarino. Tourism development continues dynamically, with new hotel projects and international hospitality brands further increasing demand for quality accommodation. According to the building permit, two two-storey buildings have been constructed on the property with a total surface area of approximately 413 sq.m. (ground floor 212 sq.m. and first floor 200 sq.m.), comprising 10 independent apartments. The structures are built with reinforced concrete and feature a wooden tiled roof over a reinforced concrete slab. The project is at an advanced construction stage, as the main structural works of the buildings have been completed. Remaining works include interior finishing such as painting, flooring installations, bathroom fittings, and the installation of certain frames (entrance doors and balcony doors). In addition, the swimming pool foreseen in the building permit has not yet been constructed, and the landscaping of the surrounding area remains to be completed. The estimated budget for completing the two buildings is approximately €375,000, while the construction of the swimming pool and the landscaping of the outdoor areas is estimated at approximately €155,000. The property is located on a plot outside the city plan, within the area of a former settlement, and constitutes a single ownership without horizontal property division. The layout of the residences, the size of the plot, and the configuration of the complex offer significant development potential as a tourist residence complex, boutique apartments, or a short-term rental investment project. An excellent investment opportunity for tourism development in Messinia, one of the fastest-growing destinations in the Mediterranean with increasing demand for high-quality accommodation.. Price: €700.000. IN PROPERTY REAL ESTATE, contact phone: 6970607380, 2109881188, email: info@inproperty.gr According to Law 4072/11-4-2012, Government Gazette 86A, providing an ID card (ΑΔΤ) is mandatory for the property viewing. The property’s location on the map is approximate. Visit our website at www.inproperty.gr and browse through over 3,000 properties.